() has bought a central Berlin mixed-use building for Rheinische Versorgungskassen (RVK), a German pension fund.
Quartier am AuswΓ€rtigen Amt in Berlin-Mitte, a 19,500sqm building that includes office, hotel and residential units, was built in 2008.
The price and the seller, which was advised by , were not disclosed.
Hans-Joachim Lehmann, managing director of transaction management in Germany at Warburg-HIH Invest, said the investment would enable RVK βto participate in the dynamic growth of Berlinβs office, residential and hotel marketsβ.
The β¬5.7bn pension fund has a 1% allocation to direct property, according to its website.
Lehmann said: βThe Quartier boasts a wide range of usage categories, which makes it a highly diversified investment, while it also benefits from a multi-tenant structure and well-established tenants.β
